2929 Piney Mountain Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Price Decreased |
$274,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jun 12, 2025 | Listed by LPT Realty, LLC | $280,000 | |
| Listed by LPT Realty, LLC | |||
| | |||
|
''This 4-bedroom, 2.5-bath home sits on a quiet cul-de-sac street and features a formal dining room, a spacious living room with a cozy gas fireplace, and a kitchen that offers great flow while still giving you separation from the main living space. Upstairs, all bedrooms are thoughtfully arranged, including a flexible bonus room that can serve as a 4th bedroom, office, or entertainment space.
Step outside to a private, fenced-in yard with a generously sized deck perfect for relaxing or entertaining. Enjoy the convenience of a 2-car garage and a location that puts you near area schools, the amenities of Hope Mills, and just minutes from Fayetteville Regional Airport and the All-American Expressway/I-295 for a direct route into Fort Bragg.''
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017